Jair Lynch Plans 48-Unit Residential Project For H Street Corridor

• December 6, 2012

by UrbanTurf Staff

Very preliminary elevation rendering for 501 H Street NE.

JAIR LYNCH Development Partners has more plans for H Street NE.

On Wednesday night, the developer told the ANC 6C Planning, Zoning and Environment Committee that it is planning a 48-unit residential project with approximately 4,000 square feet of retail at 501 H Street NE (map). Kevin Roberts of JAIR LYNCH told the committee that the development would include studios, one-bedrooms and two-bedrooms, and four units of affordable housing. Roberts also said that the retail could be a day spa, salon, office space or even a restaurant, and mentioned that he had been in very preliminary discussions with the owners of Boundary Road.

Last night’s meeting was purely informational, so the committee did not vote on the project. 501 H Street NE is currently owned by the H Street Development Corporation, but Jair Lynch is in contract to purchase the property and hopes to apply for a PUD for the site by the spring of next year.

501 H Street NE is not the only development that the U Street-based firm has in the works for H Street NE. The developer acquired 601 to 645 H Street NE for $51.1 million last year, and plans to build a 240-unit apartment building that rises up nine stories with construction starting next spring.

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This article originally published at http://dc.urbanturf.com/articles/blog/jair_lynch_plans_48-unit_residential_project_for_h_street_corridor/6396